New Tokens Worth Watching (11/23)

Bangers only

Happy thanksgiving all.

These are all of the most interesting tokens that have launched (and not died) since the last post. First, let’s check up on how the prior issue’s tokens did:

• LEEEEEEEEEEEROOOOY JENKINNNNNS!!!! $966k → $97k market cap

• BYPASS - $2.6mm → ($3.2mm peak) $1.1mm current

• AMO - $21mm → $16.5mm

• MAI - $11.9mm → ($14mm peak) $4mm

• RATIO - $855k → ($1.1mm peak) $215k

• BANGER $480k → ($750k peak) $360k

• VAULT $14mm → $11mm

• MBX $1.7mm → $1.6mm

Not great performance at -45% equal weighted return, driven by 11/9 marking a local top in most onchain alts, ETH falling ~9% from 11/9 to 11/21, the CZ/Binance news, and some idiosyncratic happenings /allegations around MAI. Obviously these are high risk coins, and we’re trying to separate which ones are worth watching and are future gems. I personally believe there are still some gems in the prior list, but let’s take a look at all the new projects worth watching that have come to market in the last 2 weeks. There are some absolute bangers in this Thanksgiving issue!

And finally before we get into it, if you would like to advertise with the OCW Newsletter reaching 19k strong (and the upcoming more frequent version), please fill out this form